Devery (EVE)

Devery

A Product Verification Protocol

ERC20 Token

Devery (EVE)

As a business, you can only ensure produce is authentic through finding trusted suppliers. Devery allows organisations selling products via e-commerce to ensure their supply chain is secure. This prevents counterfeits and ensures supply agreements are honoured.

If a supplier does not honour terms of distribution, items can be marked as illegitimate. This ensures the organisation’s brand value remains untarnished. Items can no longer be counterfeited before purchase as the incentive to do so is greatly diminished. Socially conscious businesses can opt to provide the location of their products throughout the supply chain.

EVE token is the native token of the Devery platform. It is used to power the Devery verification platform which allows organisations to power the verification of products.

“Consumers now have the ability to ensure the item they have purchased online is legitimate before it is posted. This removes the traditional problem of having to trust retailers online to provide legitimate items as the consumer can check an item’s validity using the Devery platform before purchase.”

Exchanges

Concerns

Early days at the time of writing (April 2018) but Devery doesn’t seem to be putting much into marketing/exposure at this stage. Not a big deal right now but something to watch.

At the time of writing (April 2018), Devery’s Github is set to private. A great indicator of a projects progress/activity is a consistently updated Github Repo. Investors are unable to check in when the repo is set to private.

No other concerns here. A unique take on the supply chain blockchain solution. Plenty of competitors but with E-commerce in mind, Devery is on track to create a point of difference.

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